Tuesday 5 November 2024
 
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US drought crop damage worsens

  The worst US drought in more than 50 years has caused more damage than expected to corn and soybean crops, the US government said   The report has heightened calls for a suspension of ethanol quot

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Big stocks, sowing ease corn shortage fears

The US corn supply is far larger than thought and a bumper crop could be on the way, the Agriculture Department said on Thursday in a report expected to shock markets. In a dramatic turnaround from fears of bare-bones supplies, the USDA sa

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Soybeans drop on China, corn falls on EPA

US soybean futures dropped capping a weekly decline of 4.9 per cent amid worries that China's steps to fight inflation would limit demand in the world's top soy buyer. China's decision to sell some soy oil from state reserves p

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